Northland Power Inc Hits New 20-day High

Northland Power Inc closed up sharply Friday, rallying $0.83 or 3.72% to $23.17 and setting a new 20-day high. Over the last five days, shares have gained 7.02% and 24.17% year to date. Shares have outperformed the S&P TSX by 13.52% during the last year.

About

Northland Power Inc. (Northland) is an independent power producer. The Company develops, finances, builds, owns and operates facilities in Canada and internationally that

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produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland. Northland owns power-producing facilities with a total capacity of approximately 1,340 megawatts (MW). Northland's offshore wind facilities consist of the 600 MW Gemini wind farm, located off the coast of the Netherlands, and the 332 MW Nordsee One wind farm, located off the coast of Germany. The Company's other projects include Grand Bend 100 MW Wind Project, Ground-Mounted Solar Projects and Frampton 24 MW Wind Project.

Profit

Net Profit (TTM)

-11.52%

Northland Power Inc has a net profit margin of -11.52%. Besides being negative, it is also below the industry average and implies that this company is not effective at turning revenues into bottom line profit. Company Books

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